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Adidas, LVMH steer European shares higher on earnings relief

UPDATE 2-Adidas, LVMH steer European shares higher on earnings relief For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. LVMH climbs as quarterly sales placate industry concerns Adidas at over two-year high on hiked forecast, strong Q1 ASML slides on bleak new bookings in Q1 Royal Mail owner rebuffs bid from Czech billionaire Kretinsky Updates with closing prices By Ozan Ergenay, Johann M Cherian and Ankika Biswas April 17 (Reuters) - Euro
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Luxury’s great divide will get more striking

BREAKINGVIEWS-Luxury’s great divide will get more striking The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Lisa Jucca MILAN, April 17 (Reuters Breakingviews) - The world of luxury is increasingly a tale of the haves and the have-nots. Bernard Arnault’s $420 billion Tiffany-to-Dior conglomerate LVMH LVMH.PA sent a sobering message on Tuesday as it unveiled a 3% year-on-year rise in first-quarter sales ignoring currency moves – well below the 13% expan
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LVMH shares rise after luxury giant's Q1 sales offer element of reassurance

UPDATE 1-LVMH shares rise after luxury giant's Q1 sales offer element of reassurance Adds details from paragraph 5, shares at Hermes PARIS, April 17 (Reuters) - LVMH LVMH.PA shares rose on Wednesday, after first quarter sales figures from the world's largest luxury group offered an element of reassurance to investors concerned about the industry's outlook, particularly in China.
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LVMH Q1 meets expectations, reassuring luxe sector

BUZZ-LVMH Q1 meets expectations, reassuring luxe sector Updates shares, adds peers, milestone ** Shares in LVMH LVMH.PA rise nearly 2.6%, paring earlier gains, after Europe's second-most valuable company's Q1 sales rose and roughly met forecasts ** Q1 revenue rises 3% organically to 20.7 billion euros ($21.99 billion), in line with consensus in organic terms, says RBC ** "Even the much-debated (Fashion & Leather Goods) division met investors at the bar ...
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LVMH shares rise after luxury giant's Q1 sales offer element of reassurance

LVMH shares rise after luxury giant's Q1 sales offer element of reassurance PARIS, April 17 (Reuters) - LVMH LVMH.PA shares rose on Wednesday, after the first quarter sales figures from the world's largest luxury group offered an element of reassurance to investors concerned about the industry's outlook, particularly in China. LVMH shares were up by around 2% in early session trading.
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